Medtronic (MDT) EBT Margin (2014 - 2026)
Medtronic's (MDT) quarterly EBT Margin came in at 18.13% in Q3 2026, up 295.0% year-over-year from 4.59% in Q3 2025, and down 3.04% quarter-over-quarter from 18.7% in Q2 2026.
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Medtronic (MDT) EBT Margin (2014 - 2026) Analysis & Trends
Medtronic has disclosed EBT Margin across 13 years of filings, most recently posting 18.13% for Q3 2026.
- In Q3 2026, EBT Margin rose 295.0% year-over-year to 18.13%; the TTM figure through Jul 2026 stood at 17.59% (up 104.0% YoY), while the FY2026 annual figure was 16.87%, up 9.0% from the prior year.
- EBT Margin came in at 18.13% for Q3 2026 at Medtronic, down from 18.7% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 20.47% in Q1 2022 to a low of 9.95% in Q2 2024.
- Average EBT Margin over 5 years is 16.93%, with a median of 17.82% recorded in 2025.
- Year-over-year, EBT Margin jumped 478 bps in 2022 and slumped 820 bps in 2024.
- Over 5 years, EBT Margin stood at 18.39% in 2022, then fell by 11 bps to 16.45% in 2023, then grew by 13 bps to 18.55% in 2024, then decreased by 4 bps to 17.82% in 2025, then rose by 2 bps to 18.13% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 18.13% in Q3 2026, 18.7% in Q2 2026, and 15.57% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.79 Bn | 179.19 Bn | 7.27 Bn | 12.10% |
| 2 | Intuitive Surgical | 124.38 Bn | 119.16 Bn | 1.96 Bn | 36.46% |
| 3 | Medtronic | 118.45 Bn | 109.63 Bn | 6.34 Bn | 18.13% |
| 4 | Stryker | 105.32 Bn | 101.84 Bn | 4.50 Bn | 23.74% |
| 5 | Boston Scientific | 66.71 Bn | 66.17 Bn | 3.85 Bn | 19.48% |
| 6 | Edwards Lifesciences | 49.81 Bn | 45.56 Bn | 1.35 Bn | 29.86% |
| 7 | Alcon | 34.03 Bn | 32.58 Bn | 1.68 Bn | -1.65% |
| 8 | Dexcom | 32.35 Bn | 30.40 Bn | 830.00 Mn | 24.27% |
| 9 | Steris | 21.17 Bn | 20.68 Bn | 684.20 Mn | 18.32% |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | 11.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.13% |
| Apr 24, 2026 | 18.70% |
| Jan 23, 2026 | 15.57% |
| Oct 24, 2025 | 17.82% |
| Jul 25, 2025 | 15.18% |
| Apr 25, 2025 | 14.13% |
| Jan 24, 2025 | 18.57% |
| Oct 25, 2024 | 18.55% |
| Jul 26, 2024 | 16.02% |
| Apr 26, 2024 | 9.95% |
| Jan 26, 2024 | 18.20% |
| Oct 27, 2023 | 16.45% |
| Jul 28, 2023 | 15.53% |
| Apr 28, 2023 | 18.15% |
| Jan 27, 2023 | 17.79% |
| Oct 28, 2022 | 18.39% |
| Jul 29, 2022 | 14.16% |
| Apr 29, 2022 | 19.80% |
| Jan 28, 2022 | 20.47% |
| Oct 29, 2021 | 19.03% |